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Tap to privatize 39% of its capital

Lisboa, Portugal - That's what its Ceo confirmed

Fernando Pinto, Portuguese airline Tap Ceo, stated his will to privatize 39% of the carrier capital in the next months. Even though the international air traffic crisis, six Portuguese groups have already declared themselves interested in Tap partial privatization. In 2001, despite the post September 11th air sector troubles, Tap registered net losses for EURm 53,2 much better in comparison with...

AVIONEWS - World Aeronautical Press Agency - 23869

AVIONEWS - World Aeronautical Press Agency
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